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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2020
SEGMENT INFORMATION |
Schedule of net revenues and other financial information by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ | ​ | 2020 |  | 2019 |  | 2020 |  | 2019
Net sales: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ | ​ | $ | 1,163,419 | ​ | $ | 1,061,383 | ​ | $ | 3,183,559 | ​ | $ | 2,950,877
Strategic Brands | ​ |  | 74,325 | ​ |  | 66,333 | ​ |  | 198,429 | ​ |  | 215,763
Other | ​ |  | 8,618 | ​ |  | 5,861 | ​ |  | 20,367 | ​ |  | 16,973
Corporate and unallocated | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | $ | 1,246,362 | ​ | $ | 1,133,577 | ​ | $ | 3,402,355 | ​ | $ | 3,183,613
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Operating Income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ ⁽²⁾ | ​ | $ | 502,392 | ​ | $ | 433,848 | ​ | $ | 1,366,920 | ​ | $ | 1,187,652
Strategic Brands | ​ |  | 43,875 | ​ |  | 35,107 | ​ |  | 118,287 | ​ |  | 130,762
Other | ​ |  | 2,368 | ​ |  | 1,005 | ​ |  | 4,780 | ​ |  | 3,026
Corporate and unallocated | ​ |  | (90,034) | ​ |  | (74,517) | ​ |  | (259,135) | ​ |  | (235,546)
​ | ​ | $ | 458,601 | ​ | $ | 395,443 | ​ | $ | 1,230,852 | ​ | $ | 1,085,894
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Income before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks⁽¹⁾ ⁽²⁾ | ​ | $ | 502,500 | ​ | $ | 434,003 | ​ | $ | 1,367,096 | ​ | $ | 1,187,916
Strategic Brands | ​ |  | 43,876 | ​ |  | 35,106 | ​ |  | 118,287 | ​ |  | 130,758
Other | ​ |  | 2,368 | ​ |  | 1,005 | ​ |  | 4,780 | ​ |  | 3,031
Corporate and unallocated | ​ |  | (94,711) | ​ |  | (71,550) | ​ |  | (264,802) | ​ |  | (226,976)
​ | ​ | $ | 454,033 | ​ | $ | 398,564 | ​ | $ | 1,225,361 | ​ | $ | 1,094,729
​
| (1) | Includes $10.5 million and $10.7 million for the three-months ended September 30, 2020 and 2019, respectively, related to the recognition of deferred revenue. Includes $31.6 million and $35.6 million for the nine-months ended September 30, 2020 and 2019, respectively, related to the recognition of deferred revenue.
| (2) | The three-months ended September 30, 2020 and 2019 includes no distributor termination costs. Includes $0.2 million and $11.0 million for the nine-months ended September 30, 2020 and 2019, respectively, related to distributor termination costs.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three-Months Ended | ​ | Nine-Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Depreciation and amortization: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 8,713 | ​ | $ | 9,319 | ​ | $ | 27,687 | ​ | $ | 29,449
Strategic Brands | ​ |  | 227 | ​ |  | 1,990 | ​ |  | 3,932 | ​ |  | 5,925
Other | ​ |  | 1,136 | ​ |  | 1,162 | ​ |  | 3,495 | ​ |  | 3,475
Corporate and unallocated | ​ |  | 2,741 | ​ |  | 2,050 | ​ |  | 7,794 | ​ |  | 6,172
​ | ​ | $ | 12,817 | ​ | $ | 14,521 | ​ | $ | 42,908 | ​ | $ | 45,021
Schedule of goodwill and other intangible assets for the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ |  | 2020 |  | 2019
Goodwill and other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Monster Energy® Drinks | ​ | $ | 1,404,754 | ​ | $ | 1,384,940
Strategic Brands | ​ |  | 975,392 | ​ |  | 984,393
Other | ​ |  | 11,034 | ​ |  | 14,415
Corporate and unallocated | ​ |  | — | ​ |  | —
​ | ​ | $ | 2,391,180 | ​ | $ | 2,383,748

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